STAT 7853: STAT 7853

Assess the distribution of computers across schools using statistical methods. Determine the probability of a randomly selected school having a specific number of computers. From fewer than 50 to more than 100 computers, derive insightful conclusions about school infrastructures.

Analyze Delaware's per capita annual income using statistical methods. Understand the probabilities associated with various income levels for a sample of state residents. Learn to use the Z score formula for such evaluations.

Compare the mean returns and volatilities of two stocks using t-test and F-test methods. Through the application of hypothesis testing and P-value calculations, we determine which stock provides higher returns and which is riskier.

Understand the probabilities of computer ownership among university first-year students through various scenarios. This video breaks down calculations for chances of ownership and non-ownership among random groups.

Compare the voltages of Brand X and Brand Y batteries using statistical analysis. Learn how to determine a 95% confidence interval for their mean differences. Understand the process from data collection to interpretation of results.

Explore the dynamics of Poisson distribution using both theoretical understanding and a practical application related to discovering uranium deposits. With the help of Bayes' formula and parameter adjustments, interpret various probabilities and outcomes for event occurrences.